Topdog, Underdog

After the votes were tallied this week, pundits continued to debate how much the Iowa caucuses really matter. But if there's any lesson we take away from Iowa, it's that the media love a winner, and love to hate a loser. And according to National Journal media critic Bill Powers, the theatrical coverage of the rise and fall of candidates follows the same predictable stages as celebrity tales of triumph over adversity. Bob parses the coverage with Powers.